secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED MICRO DEVICES INC (AMD)
CIK:        0000002488
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0000002488-24-000054
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMD Q1 2024 revenue $5.5B; Data Center segment revenue $2.3B (+80% YoY)
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- GAAP EPS $0.07, non-GAAP EPS $0.62; GAAP gross margin 47%, non-GAAP 52%.
- Data Center segment record revenue $2.3B (+80% YoY) driven by Instinct GPUs and EPYC CPUs.
- Client segment revenue $1.4B (+85% YoY) on Ryzen 8000 sales; Gaming $922M (-48% YoY).
- Embedded segment $846M (-46% YoY) as customers manage inventory; net income GAAP $123M.
- Non-GAAP operating income $1.1B; MI300 AI accelerator shipments ramping strongly.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2488/000000248824000054/0000002488-24-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2488/000000248824000054/amd-20240430.htm
  HTML page:      https://secwatch.observer/filing/0000002488-24-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer